Financial Performance Overview

Hind Aluminium Industries Limited reported mixed financial results for FY 2025-26. On a standalone basis, the company achieved net profit of ₹418.73 lakh (₹4.19 crore), representing a 109% increase from ₹199.97 lakh in FY25. Total revenue stood at ₹1,754.63 lakh compared to ₹1,020.25 lakh in the previous year. However, on a consolidated basis, the company reported net profit of ₹570.22 lakh, down from ₹743.42 lakh in FY25, with EPS declining to ₹9.05 from ₹11.80.

Business Operations and Strategic Initiatives

The company ventured into electrical sector turnkey projects, securing two Electrical Sub-Station projects aggregating 532 KV with total contract value of ₹2,040.00 lakh. Approximately 55% of project work was completed during FY25-26 with balance work under execution.

Hind Aluminium acquired the aluminium grills, doors and windows business from Nirav Commercials Limited under the brand name "Elesar Focchi" on a going concern/slump sale basis for ₹1.25 crore. The acquisition included customer orders aggregating approximately ₹400.00 lakh expected to be executed during FY 2026-27, with goodwill of ₹29.66 lakh recognized.

The power generation business continued operations with Wind Turbine Generator and Solar Power Plants having aggregate installed capacity of 2.52 MW, generating revenue of ₹131.66 lakh (17% growth over previous year).

Segment Performance Analysis

The company operates in three segments:

  • Aluminium Products: Reported revenue of ₹589.62 lakh but segment loss of ₹684.08 lakh
  • Power: Generated revenue of ₹131.66 lakh with segment profit of ₹56.11 lakh
  • Treasury Operations: Produced revenue of ₹332.80 lakh with segment profit of ₹332.80 lakh

Key Financial Highlights

  • Dividend Income: Received ₹700.55 lakh from associate company Associated Industries Ltd, (SFZ).LLC (up from ₹426.00 lakh in FY25)
  • Tax Expense: ₹144.93 lakh on standalone basis
  • Borrowings: ₹777.52 lakh (including current maturities of ₹707.24 lakh)
  • Capital Structure: Issued, Subscribed & Paid-up Capital of 63,00,200 equity shares of ₹10 each
  • Key Ratios: Current Ratio of 2.64, Debt Equity Ratio of 0.11, Return on Equity of 5.86%

Corporate Governance and Shareholding

  • Board Composition: Shri Lalit Kumar Daga (Chairman), Shri Shailesh Daga (Managing Director), CA Ambarish Daga and Smt. Kiran Mundhra (Independent Directors)
  • Shareholding Pattern: 8,799 shareholders with 26.39% public holding and 98.57% dematerialized shares
  • IEPF Transfer: 11,665 shares transferred for unclaimed dividends from FY18
  • AGM Details: 39th Annual General Meeting scheduled for July 31, 2026, to be held virtually through video conference

Regulatory Compliance and Disclosures

The company maintained compliance with SEBI Listing Regulations and Companies Act requirements. No material non-compliances, frauds, or wilful defaulter status reported. Contingent liabilities include disputed income tax demands of ₹76.33 lakh and corporate guarantees of ₹570.04 lakh.

Outlook and Forward Strategy

Hind Aluminium continues to explore opportunities in new business segments while actively participating in bids for electrical sub-station projects. The company remains optimistic about revenue from the acquired aluminium business and is focused on diversifying operations to strengthen long-term growth prospects.